According to CoinMeta, Montreal Bank, Canada's second-largest bank, disclosed its holdings in financial instruments focused on XRP in its latest quarterly 13F filing submitted to the U.S. Securities and Exchange Commission (SEC). As of the end of June 2026, the total value of the bank's portfolio exceeded $303 billion, with specific holdings including 323 shares of Rex Osprey XRP ETF and 20 shares of ProShares Ultra XRP ETF. BMO does not purchase tokens directly from exchanges but incorporates these volatile tokens into its vast portfolio through regulated U.S. infrastructure in the form of spot and derivative ETF products.